Western Union offers one of the easiest ways for families and friends to send money and stay connected almost anywhere in the world. In 1935, Western Union has put into operation first intercity fax communication. Money transfer is a matter of minutes, at any distance. Before transition to remittances Western Union company rendered services on sphere of cable communication. Thanks to cooperation with Western Union the Associated Press at the end of the XIX century took almost monopolistic position in the U.S. market news. In 1856, in 7 years after the foundation of New York State Printing Telegraph Company, the company changed its name to Western Union Telegraph Company. In 1884 Western Union has become a joint-stock company and was brought to the stock exchange. The company has entered in the first American stock index Dow Jones.